It appears as though BEV is breaking down from an H&S pattern, the head of the pattern is the red human icon.
On the RSI there's a bearish descending triangle.
On the KST there is a bearish cross where I have placed the red finger point down.
The first price target is 50c.
The second price target is 20c.
Bevcanna claims to have a 210M bottle production...
Recent new public stock. Lots of debt. 2 employees. Deals being made.
Decreasing sell volume. Broken downtrend line. 'W' shaped price/RSI market structure. Retraced like a mofo. Now stabilized?
What could go wrong?
BevCanna Enterprises Inc. engages in the development and manufacture of plant based and cannabinoid beverages and supplements for both in-house brands and white-label clients. It operates through Canada and United States of America geographical segments. The company was founded on July 13, 2017 and is headquartered in Vancouver, Canada.
CSE
